In a recent interview with Private Equity International, The Alaska Permanent Fund Corporation (APFC) Private Equity Director Allen Waldrop discusses the role private equity plays in the APFC portfolio and how he and his team are optimizing the Fund’s private equity allocation. The article, “Turning an oil tanker: Alaska Perm tackles its private equity allocation,” delves into Director Waldrop’s portfolio …
Proposed Strategic Plan: Public Comment Period Extended
JUNEAU – Due to popular demand, the Alaska Permanent Fund Corporation (APFC) has extended public comment to February 14, 2024, on the proposed strategic plan. The Board of Trustees encourages Alaskans to continue providing input. The Strategic Plan will be before the Board for adoption during the quarterly meeting on February 15-16, 2024. Extended Public Comment Period: January 24 at 8:00 …
APFC Open House
Join APFC’s Open House to meet, greet, and mingle with Trustees, Leaders, and Staff. The Alaska Permanent Fund Corporation (APFC) is hosting an Open House at our Juneau headquarters – welcoming Legislators, Staff, and the Community of Juneau. When: Thursday, February 15, 2024 Following the first day of the February Quarterly Board Meeting Where: APFC Headquarters Michael J. Burns Building, …
Proposed Strategic Plan: Seeking Public Comment
Please note – the public comment period was extended. Click here to view the most up-to-date information regarding public comment on the proposed 2024 strategic plan. Update added February 1, 2024 – JUNEAU – The Alaska Permanent Fund Corporation (APFC) Board of Trustees is seeking public comment on the strategic plan to continue building an organization that sets the standard …
APFC Earns “Best Places to Work in Money Management”
Juneau – The Alaska Permanent Fund Corporation (APFC) was recognized by Pensions & Investments 2023 as one of the “Best Places to Work in Money Management,” earning the award for the third year in a row. As a mission-driven corporation committed to delivering outstanding returns for current and future generations of Alaskans, the Pensions & Investments award underscores APFC’s commitment …
APFC’s November Reports: Market Recovery and Financial Updates
The November History & Projections report and the monthly financial statements are now available. With the publication of the November reports, we would like to highlight – Market conditions are strengthening, and as a result, the Fund values are recovering. While accounting net income, including realized and unrealized portfolio gains, has improved, it lags behind projections. Through November, accounting net …
APFC Board Approves Governance Policy and Seeks Public Input on Strategic Plan in Quarterly Meeting
The Alaska Permanent Fund Corporation (APFC) Board of Trustees conducted their quarterly meeting on December 13th and 14th to review the performance updates for the first quarter of FY24. The asset class directors reported on staffing and strategy, and the board members were briefed on the future use of AI in the workplace. During the meeting, the Board discussed three …
Board of Trustees Vote to Simplify Executive Director Evaluation and Review Process
JUNEAU – The APFC Board of Trustees voted on December 13 during the quarterly meeting to simplify the Executive Director evaluation. The vote comes ahead of the end-of-year review of the Executive Director’s performance. The simplification of the review process for the Executive Director includes updates to the Governance Charters to allow more candid feedback and wider participation from the …
Quarterly Meeting of the Board this Week
JUNEAU – The APFC Board of Trustees will hold their quarterly meeting in Juneau on December 13-14. “The funding that comes from the Permanent Fund Corporation’s work provides for state services that correlate to local services and programs, including the dividend. We encourage Alaskans to stay informed,” said Deven Mitchell, Executive Director, Alaska Permanent Fund Corporation. You may submit written comments …
The Role of Co-Investments in the APFC Portfolio
APFC has been an active co-investor, having completed over 50 different investments over the last decade. This tool enables APFC to tactically deploy capital in a more attractive investment environment to drive stronger returns and asset growth. Unlike other groups that may have a formalized program or targeted deployment rate, APFC employs an opportunistic approach where we seek out interesting …